DoJ Weighs Breakup Of Google After Landmark Antitrust Ruling: Report
Breaking up Alphabet is among several options under consideration as officials look to curb Google's dominance.
Mars Edges Close To $30 Billion Acquisition Of Pringles Maker Kellanova
The potential merger would unite two significant players in the food industry to mark one of the major transactions of the year.
J&J Gets Support For $6.5B Baby Talc Settlement Amid Third Bankruptcy Bid: Report
The healthcare giant faces lawsuits from 61,000 claimants who allege that asbestos contamination in its talc products led to ovarian and other cancers.
Biden Backs Harris' Plan To Eliminate Taxes On Tips – An Idea First Proposed By Trump
White House press secretary said the proposal is consistent with Biden's broader vision of strengthening the economy by focusing on needs of working Americans.
Pro-Trump Super PAC Launches $100M Ad Campaign Ahead Of Labor Day
MAGA Inc., the primary super PAC aligned with Trump, revealed its plans in a memo addressed to "Interested Parties" on Monday.
US Bolsters Military Presence In Middle East Amid Israel-Iran Tensions
U.S. Defense Secretary Lloyd Austin has directed the deployment of a guided-missile submarine to the region.
Bank Of America CEO Warns Of Consumer Discontent If Fed Delays Rate Cuts
Moynihan said a reduction could be necessary as early as September if inflation continues to ease.
Kamala Harris Returns To San Francisco, Raises Over $12M At Star-Studded Event
The funds raised will likely be directed toward campaign efforts in crucial battleground states.
Fed's Jeff Schmid Signals Possible Rate Cut If Inflation Continues To Fall
If inflation continues to decline, Schmid said, he would grow more confident that the Fed is on track to achieve its price stability mandate.
Delta Escalates Legal Battle With CrowdStrike, Microsoft Amid $550M Loss From IT Outage
The outage, which became one of the most significant technical disruptions in recent memory, led to a $380 million loss in revenue for Delta.
Paramount Global To Cut 15% Of US Staff, Take $6B Write-Down Ahead Of Skydance Merger
The decision will affect around 2,000 employees over the coming weeks.
Harris, Walz Campaign In Key Swing States With Michigan, Wisconsin Rallies
The campaign tour marks the introduction of Walz to the national stage after he emerged as Harris' vice-presidential pick.
JPMorgan Raises Recession Probability To 35% Amid Weakening Labor Market, Signs Of Job Cuts
The economists maintained their prediction of a 45% chance of a recession occurring by the second half of 2025.
Delta Sued By Passengers For Mishandled Refunds After CrowdStrike Outage
Plaintiffs allege Delta refused automatic refunds for canceled flights and offered partial reimbursements only if passengers waived legal claims.
Boeing Announces Design Overhaul At Hearing On MAX 9 Safety Concerns
Boeing, which has pledged significant quality improvements, faced rigorous questioning at the hearing about the MAX 9's production and the lack of documentation for the door plug removal.
Google's Antitrust Ruling Could Cost Billions For Apple As Search Deal At Risk
The lucrative deal, known as the Information Services Agreement (ISA), mandates the use of Google as the default search engine on Apple devices.
Disney To Hike Streaming Prices Of Disney+, Hulu, ESPN+ In October
The new pricing structure will see most plans rise by $1 to $2 per month, with the most expensive Hulu plans, which include live TV, increasing by $6 monthly.
Nvidia CEO Jensen Huang Sold $323M In Shares Before Global Stock Rout
The transactions were part of a pre-determined trading plan that Huang filed in March, which proved to be well-timed.
OpenAI Co-founder John Schulman Departs To Join Amazon-backed Anthropic
His departure follows OpenAI's recent dissolution of its superalignment team, a group dedicated to ensuring human control over advanced AI systems.
Tropical Storm Debby Advances Into Georgia, At Least Four Dead In Florida
The storm has already unleashed heavy rainfall across northern Florida, resulting in four deaths, severe river flooding, and numerous water rescues.
New York Appeals Court Upholds Trump's Gag Order In Hush Money Case
Trump argues that the restrictions are unfair, especially in light of Kamala Harris positioning herself as an opponent against a "convicted felon."
Senate Republicans Block $78B Tax Cut Package Aimed At Businesses, Low-Income Families
The Democrats failed to secure the 60 votes necessary to break a filibuster preventing the Senate from debating the package.
Judge Overturns $4.7 Billion Antitrust Verdict Against NFL Over 'Sunday Ticket' Package
US District Judge Philip Gutierrez, in his ruling Thursday, cited issues with the methodologies of expert witnesses presented during the trial.
More Than 400 Silicon Valley VCs Rally Behind Kamala Harris' Presidential Bid
The group includes notable names like venture capitalists Mark Cuban, Vinod Khosla, and Ron Conway, as well as LinkedIn founder Reid Hoffman.
'The American People Deserve Better': Kamala Harris Rebukes Trump's Remarks On Her Heritage
Harris condemned Trump's comments as divisive and disrespectful, while calling for truthfulness and unity in leadership.
CrowdStrike Faces Shareholder Lawsuit Over Global Outage
The lawsuit alleges that CrowdStrike's assurances about its technology were materially false and misleading.
Harris Closes Gap With Trump In Seven Key States
The poll shows the Democrat securing 48% of the vote and the Republican close behind at 47% across the battleground states.
Kamala Harris To Hold First Rally With VP Pick On Tuesday In Philadelphia
Pennsylvania, a crucial state that Democrats reclaimed in 2020, appears to be a focal point for Harris's campaign strategy.
US Safety Regulator Holds Amazon Accountable For Selling Faulty Third-Party Products
The commission ruled that Amazon, by acting as a distributor for these third-party goods, bears responsibility for ensuring consumer safety.
Kamala Harris' Running Mate Options Narrow As Governors Cooper, Whitmer Withdraw
North Carolina Governor Roy Cooper and Michigan Governor Gretchen Whitmer have withdrawn themselves from consideration.